The Lausanne-based logistics startup, Aeler, has set the goal to launch its digitally enabled shipping containers by the end of this year. The newly raised seed investment of $1.15 from private investors will facilitate the process towards market entry.
While shipping containers are fundamental to trade worldwide, they have barely transformed for over 60 years. The shipping industry itself has continuously faced criticism for being inefficient and environmentally unfriendly. Since its foundation in 2018, the Lausanne based startup Aeler is committed to revolutionizing and disrupting the trillion-dollar industry with its smart containers.
Aeler is developing digitally enabled shipping containers. Built out of composite materials, AELER’s intermodal containers come factory-fitted with advanced internet of things (IoT) capabilities to keep track the condition of goods and their security throughout the freight. The goal is to improve transportation efficiency by increasing payloads, better protecting cargo and significantly reducing the environmental impact of transportation.
Private investors from the supply chain industry
Following the three years of development, Aeler is now ready to deploy its solution in the market. To achieve this milestone, the startup has raised $1.15 million in a seed round with private investors in the supply chain industry in Switzerland. The funds will flow into obtaining specifications and certifications as well as into preparing for commercial pilots with market-leading companies shipping flexitanks (bulk liquids) in and out of Europe.
As revealed by Naik Londono, CEO and Co-founder of Aeler, the company is in discussions with leading transportation companies and other large organizations from the chemical industry. Aeler will deploy 20 containers in the first batch during the pilot phase.
(RAN)
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